Prince Richard, cousin of Queen Elizabeth, sells his millionaire mansion due to lack of money
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Prince Richard cannot afford the extremely high costs of the house that his father inherited, so he chose to put it up for sale at a millionaire figure
British royalty continues to be in the news several days after the death of Queen Elizabeth II, now it does so after it was revealed that Prince Richard, Duke of Gloucester, put up for sale the luxurious mansion that his father, Prince Henry, acquired in 1937.
Richard, who at the time of his birth was fifth in line to succeed to the throne and is now 29th, is selling the historic property, known as Barnwell Manor, for Β£4.8 million, something like $5.3 million.
Barnwell Manor was built in 1580. We still have the same broadband supplier today.#antiques #Tbt #lowfibre #coulditbeanyslower #fedup pic.twitter.com/A76bK96ioj
β WindsorHouseAntiques (@HseWindsor) September 20, 2018
The reasons for its sale are due to the fact that the grandson of George V does not have sufficient financial resources to face its extremely high maintenance costs, the same reason that led him to vacate it in 1995, but at that time he did not sell it, but that he left it to the Barnwell Antiques Firm for their upkeep and management.
The residence, which is spread over 40 rooms and boasts 2,500 acres of outdoor space, is notable for still having some of the original structures from Barnwell Castle, built in 1266.
Despite the sale of his former home, Prince Henry would seek, according to Mail Online, to continue his association with the area, as it holds great sentimental value for him.